Current Affairs · Monetary & Fiscal Policy
A 'Switch Auction', sometimes seen in financial news, refers to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Simultaneous purchase and sale of foreign currencies by the RBI to stabilise the exchange rate
- 2Replacement of short-term government securities with longer-maturity securities to manage public debt obligations✓
- 3Auction of treasury bills by commercial banks to meet statutory liquidity ratio requirements
- 4Conversion of variable-rate government bonds into inflation-indexed securities by mutual funds
Correct answer
Replacement of short-term government securities with longer-maturity securities to manage public debt obligations
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Current Affairs?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Monetary & Fiscal Policy MCQs →Want more practice questions on Monetary & Fiscal Policy?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · Monetary & Fiscal Policy